Form 4: Worthington Enterprises CEO Reports Phantom Stock Grant

CEO Joseph B. Hayek acquired 5.32 phantom stock units under the company's deferred compensation plan.

Summary

• Joseph B. Hayek, President and CEO of Worthington Enterprises, Inc., acquired 5.32 phantom stock units on April 2, 2026.
• The acquisition was made through the company's Amended and Restated 2005 Deferred Compensation Plan for Directors.
• The phantom stock units track Worthington Enterprises (WOR) common shares on a one-for-one basis.
• The total number of phantom stock units held by the CEO following this transaction is 5,272.93.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding executive compensation.

Positives

• Continued alignment of executive interests with shareholders through participation in the deferred compensation plan.

Negatives

• None identified; this is a routine administrative transaction related to compensation plans.

Risks

• The value of the phantom stock is directly tied to the market performance of Worthington Enterprises common shares.

Future Outlook

No specific forward-looking guidance provided; the filing relates to routine executive compensation.

Industry Context

StockSavvy.ai notes that this filing represents standard executive compensation activity and does not signal a change in corporate strategy or market outlook.

Comparison to Industry Standards

• The use of phantom stock plans is a common practice among U.S. industrial companies to align executive compensation with long-term share price performance.
• The transaction size is immaterial relative to the total market capitalization of Worthington Enterprises.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation-related transaction.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Worthington Enterprises, WOR, Form 4, Insider Trading, Executive Compensation, Phantom Stock